CT:NEO Neo Performance Materials Inc

Neo Performance Materials Inc., through its subsidiaries, manufactures rare earth and rare metal-based functional materials in Canada and internationally. The company operates through three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of light and heavy rare earth functional materials for use in auto catalyst, consumer electronic, petroleum refining, hybrid and electric vehicle, and wastewater treatment applications. The Rare Metals segment sources, reclaims, produces, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium. Its products are applied in super alloys for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. Neo Performance Materials Inc. was founded in 1994 and is headquartered in Toronto, Canada.

10.10 CAD
As of 09/29/2022


Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Materials
Industry:  Specialty Chemicals
Index country:  Japan
Country of incorporation:  Canada
IPO date:  12/08/2017
Stock exchange:    Toronto Stock Exchange
Exchange country:   Canada
Market cap:   530,898,816 CAD
Current dividend yield:   2.90%
Sedol:      BF5LL43

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